The good business atmosphere between Hungary and China has proved concrete in investment projects.
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In the fiscal year that started on April 1, Nissan expects an operating profit of 600 billion yen (USD 3.85 billion).
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The US Justice Department is investigating the statements in which Tesla and its CEO Elon Musk claim that the vehicles can operate autonomously.
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Rivian’s stocks plunged 6% during the after-hours trade after the announcement prompting analysts to take a closer look at the subdued outlook.
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BMW expects slight profit drop amid rising costs
by Biplab Dasby Biplab DasDuring Q1 trading the Munich based carmaker saw a slump in the profit margin of the automotive segment.
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In accordance with the new contract, BYD will co-operate with CATL to supply Onvo with a smaller battery pack.
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Toyota forecasts 20 per cent profit decline amidst strategic investments
by Biplab Dasby Biplab DasThis projection aligns with its investment plans in “human capital,” including support for labour costs at suppliers and dealers.
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Tesla halts production at Berlin plant amidst protests
by Biplab Dasby Biplab DasThe production at the Gruenheide plant will be suspended for a day on May 10, as manager André Thierig announced on social media.
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Tesla’s China-made EV sales dip amidst rising competition
by Biplab Dasby Biplab DasThe figures showed that the company sold 62,167 EVs of Chinese origin in April compared to the decrease of 18% to the same period last …
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NHTSA escalates probe into Tesla’s autopilot recall
by Biplab Dasby Biplab DasTesla conducted the recall in order to install necessary safety features to the Autopilot system.